Seller's Agent in 2025
Kathryn Gillespie
Illustrated Properties LLC
(561) 789-8007
1 in this area
12 Total Sales
3332 NE 31st Ave Lighthouse Point, FL 33064
6
Beds
6.5
Baths
6,789
Sq Ft
12,197
Sq Ft Lot
Highlights
- Boat Ramp
- Property fronts an intracoastal waterway
- Roman Tub
- Property has ocean access
- Heated Spa
- Marble Flooring
About This Home
As of May 2025Lifestyle, location, luxury - This exquisite and sophisticated Custom Estate home is a rare, prized property on the direct Intracoastal No Wake Zone with ample room to dock a 100' vessel, within minutes to the Hillsboro Inlet and direct ocean access. Encompassing 6789 square feet exemplifying the grandeur of luxurious living. The home has been crafted to impress. Flawless design, unparalleled construction & craftsmanship elevate this gated, 6 bedroom, 6.5 bath home complete with a media room providing a perfect panoramic experience of the best views living on the water has to offer. An abundance of natural light from the many floor to ceiling windows captures the idyllic views of the Intracoastal and Hillsboro Mile Millionaires' Row. Several inviting gathering areas inside and out unveil the quiet and beautiful ambiance of the home. The grand Foyer complete with 24' ceiling beckons you to step inside. The exquisitely appointed formal living room with gas fireplace is the perfect place for entertaining or relaxation. An elegant and graciously sized formal dining room is adjacent to the living room. The well appointed kitchen offers beautiful wood cabinetry, high-end appliances, a custom walk-in pantry, and a separate butler's pantry with wet bar. A handsome wood-paneled family room with a fireplace enjoys glorious water views. The fun continues while the family enjoys movie nights in the dedicated media room. And, the private office is sure to inspire productivity. Ascend the magnificent staircase to the second floor, or take the elevator upstairs to the primary suite offering a gracious bedroom with east facing views, a sitting room with a wet bar, and his and her baths that have been elegantly finished. Generously sized, the three upstairs guest bedrooms feature walk-in closets and en-suite baths. The waterfront loggia features expansive entertaining areas with breathtaking views of the Intracoastal Waterway. Guests will enjoy the oversized heated pool and spa, lounge on the sun shelf, or gather by the summer kitchen to enjoy alfresco dining at this resort style retreat. EV Station located in the 3 car garage. Minutes to the Hillsboro Inlet and direct ocean access. Available for immediate occupancy.
Last Agent to Sell the Property
Illustrated Properties LLC License #3250312 Listed on: 05/13/2024
Last Buyer's Agent
Illustrated Properties LLC License #3250312 Listed on: 05/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,714
Year Built
- Built in 2002
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 100' x 120'
- Property fronts an intracoastal waterway
- West Facing Home
- Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Mediterranean Architecture
- Metal Roof
Interior Spaces
- 6,789 Sq Ft Home
- 2-Story Property
- Wet Bar
- Custom Mirrors
- Central Vacuum
- Furnished or left unfurnished upon request
- Built-In Features
- High Ceiling
- Ceiling Fan
- Decorative Fireplace
- Entrance Foyer
- Formal Dining Room
- Intracoastal Views
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Bidet
- Dual Sinks
- Roman Tub
Laundry
- Dryer
- Washer
Home Security
- Closed Circuit Camera
- Fire and Smoke Detector
Pool
- Heated Spa
- In Ground Spa
- Heated Pool
- Outdoor Shower
Outdoor Features
- Property has ocean access
- No Fixed Bridges
- Seawall
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 484320020070
Community Details
Overview
- No Home Owners Association
- Lake Placid Isles Subdivision, Custom Floorplan
Recreation
- Boat Ramp
- Boating
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2024
Closed on
May 22, 2025
Sold by
Peterson Moria L
Bought by
Reich David M and Reich Barbara
Seller's Agent
Kathryn Gillespie
Illustrated Properties LLC
Buyer's Agent
Kathryn Gillespie
Illustrated Properties LLC
List Price
$7,895,000
Sold Price
$5,000,000
Premium/Discount to List
-$2,895,000
-36.67%
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,821
Avg. Annual Appreciation
9.14%
Original Mortgage
$3,500,000
Outstanding Balance
$3,471,559
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$1,867,262
Purchase Details
Closed on
Apr 1, 2002
Sold by
One Of B Ltd
Bought by
Peterson Eric A and Peterson Moria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
4.5%
Purchase Details
Closed on
Feb 20, 2001
Sold by
Available Not
Bought by
Available Not
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,000,000 | None Listed On Document | |
| Warranty Deed | $2,250,000 | -- | |
| Personal Reps Deed | $1,050,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,500,000 | New Conventional | |
| Previous Owner | $2,250,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $5,000,000 | -23.1% | $736 / Sq Ft |
| 04/13/2025 04/13/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | Price Changed | $6,500,000 | -12.1% | $957 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $7,395,000 | -6.3% | $1,089 / Sq Ft |
| 05/13/2024 05/13/24 | For Sale | $7,895,000 | -- | $1,163 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $103,796 | $5,431,420 | $900,000 | $4,531,420 |
| 2025 | $33,833 | $1,847,250 | -- | -- |
| 2024 | $32,714 | $1,795,190 | -- | -- |
| 2023 | $32,714 | $1,742,910 | $0 | $0 |
| 2022 | $30,984 | $1,692,150 | $0 | $0 |
| 2021 | $30,192 | $1,642,870 | $0 | $0 |
| 2020 | $29,678 | $1,620,190 | $0 | $0 |
| 2019 | $29,238 | $1,583,770 | $0 | $0 |
| 2018 | $27,629 | $1,554,240 | $0 | $0 |
| 2017 | $27,465 | $1,522,280 | $0 | $0 |
| 2016 | $27,588 | $1,490,970 | $0 | $0 |
| 2015 | $27,805 | $1,480,610 | $0 | $0 |
| 2014 | $27,737 | $1,450,480 | $0 | $0 |
| 2013 | -- | $1,513,870 | $780,000 | $733,870 |
Source: Public Records
Agents Affiliated with this Home
-
Kathryn Gillespie
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10986919
APN: 48-43-20-02-0070
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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